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joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of them, raising revenue just means getting rid of loopholes or capping some deductions, not raising tax rates or letting tax cuts expire. is that good enough? >> well, i can tell you the president has set a goal, $1.6 trillion in revenue or taxes over the next ten years. that's about 40% of the $4 trillion deficit goal that we have. that's the same thing that simpson-bowles had, 40% revenue. so the only way you can reach that, incidentally, is to allow the rates to go up. just this idea of we're going to take a look at the tax code, change some credits and deductions, you can't come up with enough money. >> so any deal will have to include at least some hike in the tax rate. >> i don't think there's any other way to approach it. that's why the president has taken this position. if we're going to make s
joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of them, raising revenue just means getting rid of loopholes or capping some deductions, not raising tax rates or letting tax cuts expire. is that good enough? >> well, i can tell you the president has set a goal, $1.6 trillion...
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. >>> tomorrow, tim pawlenty, illinois senator dick durbin and singer dionne warwick. >> great show. meanwhile, cnn "newsroom" with carol costello begins right now. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice? >> whatever ambassador rice wants to tell me. she's the one who asked for the meeting. i didn't. >> wouldn't you like to be a fly on the wall? >>> spyfall, real-life bond movie. yasser arafat's body was exhumed. was the palestinian leader po h poisoned by israeli spies? >>> plus this. >> you said walden is in trouble. >> i'm the trouble walden has been in, repeatedly. >> he calls it filth, the half in "two and a half men" begs you not to watch his show. "newsroom" starts now. >>> good morning to you. thank you so much for being with us. i'm carol costello. we begin with a high stakes meeting just minutes from now. this hour, the u.s. ambass
. >>> tomorrow, tim pawlenty, illinois senator dick durbin and singer dionne warwick. >> great show. meanwhile, cnn "newsroom" with carol costello begins right now. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice?...
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senator dick durbin joins us this morning. always great to talk to you. appreciate your time. >> thanks, soledad. >> now with this latest development, how hopeful are you that, in fact, a deal is going to get done? and what would that deal look like? >> well, we should reach an agreement. the point i made was, when it comes to medicare, we know that it's going to run out of money in twelve years. whatever changes we want to make should be thoughtful changes. not made in the heat of the fiscal cliff. not done in the closing days here, of a lame duck session. let's look at this thoughtfully and make sure at the end of the day medicare is going to survive and be stronger. but i think there is plenty of ground here for us to come together as democrats and republicans, the congress and the president, and avoid the worst parts of the fiscal cliff. >> okay, so what entitlements then? what would you put on the table? right now it's been the narrative is kind of republicans will put taxes on the table, democrats will put entitlements on the table. and i talked to
senator dick durbin joins us this morning. always great to talk to you. appreciate your time. >> thanks, soledad. >> now with this latest development, how hopeful are you that, in fact, a deal is going to get done? and what would that deal look like? >> well, we should reach an agreement. the point i made was, when it comes to medicare, we know that it's going to run out of money in twelve years. whatever changes we want to make should be thoughtful changes. not made in the...
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illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must not go off the cliff. because the cliff is president obama's and the congressional democrats leverage over republicans. if we do go off the cliff or the curb on january 1st, a republican nightmare will occur. all income tax rates will go up and defense spending will be cut by 600 billion. other spending, some of it dear to republicans, will also be cut by another 600 billion. the fiscal cliff is much scarier to republicans than it is to democrats. so, the president and his allies must continue to make republicans believe they are willing to go off cliff. senator durbin simply said if we do go off the cliff o
illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must...
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megyn: keurs te megyn: durbin chose two good people to make that example of. people don't love and reveer the hedge fund manager, they make other people a lot of money and they make a lot of money but most people have respect for our navy seals. is he on point? >> i do think he's on point. what monica just said, radical redistribution, we are talking about the radical redistribution is going back to the clinton era tax rates. i mean that just doesn't strike me as radical redistribution. you can argue about whether or not you think those tax rates should go up because of how it may affect the recovery, but to suggest that it's somehow stealing from the rich to give to the poor, we are talking about 3 or 4% average points in the tax code. i think this is really over blown. and i'd also say when jfk was president we didn't have the kind of income inequality that we have today. it is so much greater and getting so much greater every year that i think if he was alive today that he would be exactly where most democrats are on this issue with what senator durbin said
megyn: keurs te megyn: durbin chose two good people to make that example of. people don't love and reveer the hedge fund manager, they make other people a lot of money and they make a lot of money but most people have respect for our navy seals. is he on point? >> i do think he's on point. what monica just said, radical redistribution, we are talking about the radical redistribution is going back to the clinton era tax rates. i mean that just doesn't strike me as radical redistribution....
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durbin seems rady to deal, but he seems to be somewhat lopely -- lonely position. reid, his boss, and republicans stumbling around trying to distinguish between raising revenue, tax rates, and how much e federal governnt should spend. does the republican party have a message that anyone can understand here or that resinates? joining us now, senior writer for the weekly standard, and the republican national committee communications direct. great to have you both here. going first to the negotiations, both sides acknowledging they are not making any progress. where are we to look for leadership down there? >> you know, lou, it's a great question. i think the speaker, after the election, came out the next day and said we're willing to talk about adding additiona revenue if the goal here is to try to put more money on the table. there's ways, closing loopholes, growing the economy that we can do that. let's face it. it's a revenue problem. by definition, a deficit exists because you spend too much, and the president who is the leader of the country, you know, claims th
durbin seems rady to deal, but he seems to be somewhat lopely -- lonely position. reid, his boss, and republicans stumbling around trying to distinguish between raising revenue, tax rates, and how much e federal governnt should spend. does the republican party have a message that anyone can understand here or that resinates? joining us now, senior writer for the weekly standard, and the republican national committee communications direct. great to have you both here. going first to the...
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i would agree with senator durbin absolutely. i'll give you a reform in medicare i think democrats would support. and that is looking at prescription drugs. and making it more competitive. >> bill: amen. >> or really crackening down on the fraud that takes place through the medical devices which is not with individuals cheating medicare. they're fictitious businesses set up that rob medicare of billions of dollars every year. so it's not as though changes to entitlement programs are completely off the table. it is the structural breaking of the guarantee that should be off the table. >> bill: isn't it interesting when president obama did identify $716 billion in fraudulent billing on the part of insurance companies and cut that out that they accused him of cutting benefits in medicare. >> well because what benefits were they concerned about. the benefits to big businesses. >> bill: exactly. congresswoman karen bass in studio with us. we'll welcome your calls and comments at 1-866-55-press. the "full court press" continues in just
i would agree with senator durbin absolutely. i'll give you a reform in medicare i think democrats would support. and that is looking at prescription drugs. and making it more competitive. >> bill: amen. >> or really crackening down on the fraud that takes place through the medical devices which is not with individuals cheating medicare. they're fictitious businesses set up that rob medicare of billions of dollars every year. so it's not as though changes to entitlement programs are...
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dick durbin, democratic senator from illinois. he is very close to the president. he is introduced him at every major political event since he came into public office from illinois. he will have a press conference today. he is going to make a speech that says medicare and medicaid should be looked at but not part of the fiscal cliff negotiations. so if that is the case you change that at all right now? >> let me say this. i know that we have people out posturing and again we have all kind of folks that just want to sweep this under the rug and let the problem get even bigger. the fact is the two most important people are the president and speaker boehner. both of them in the beginning of this have shown a degree of flexibility. what we need to do, people like myself offer concrete solutions to solve this problem. when they get in their meeting they need to have these at their disposal and we as a country again need to go ahead and deal with this issue now. i know that senator durbin actually has shown some strength for what it's worth, i don't know what he will do
dick durbin, democratic senator from illinois. he is very close to the president. he is introduced him at every major political event since he came into public office from illinois. he will have a press conference today. he is going to make a speech that says medicare and medicaid should be looked at but not part of the fiscal cliff negotiations. so if that is the case you change that at all right now? >> let me say this. i know that we have people out posturing and again we have all kind...
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earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico report that a phone call last night between boehner and the president was curt, noting it was 28 minutes long and productive. signaling the president is flexible on taxes not being specific on the new rates. >> i will say there can be no deal without rates on top earners going up. >> that means that the rates do not necessarily have to go up to 39.6. it could be 37 or 38. meaning they might goose that to try to jump-start the deal with republicans. bloomberg reports that the treasury secretary geithner has been saying look, the sky will fall if we fall off the cliff. he has the power to freeze paycheck withh
earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico...
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i thought, now, durbin, what are you going to do? i voted for it. it takes some leaders who were willing to sit down and make compromises and listen. in this case apparently the negotiations directly between the white house and speaker boehner, and rob neighbors in the white house, there is no better person for the president to assign to this job. i just think the world of him. i have known him for years and have the highest respect for him. i hope that speaker boehner will just agree to one basic principle and i think we can get this done. that the solution on the house side is going to be a bipartisan solution. it has to be bipartisan in the senate. but if this is going to be an exclusive, republican solution on the house side, i'm afraid we are going to reach the same impasse we have in the past. if he will make a commitment to a bipartisan solution in the house, i think we can get this done. >> questions from the press. gentleman over here. >> norm levy with the "los angeles times." you mentioned that medicaid is a special case. does that mean t
i thought, now, durbin, what are you going to do? i voted for it. it takes some leaders who were willing to sit down and make compromises and listen. in this case apparently the negotiations directly between the white house and speaker boehner, and rob neighbors in the white house, there is no better person for the president to assign to this job. i just think the world of him. i have known him for years and have the highest respect for him. i hope that speaker boehner will just agree to one...
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same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really mean what he said? considering that he said nothing, yeah, i guess so but it was the tone then yesterday dick durbin came on and we had to basically stop asking about medicare about three or four minutes in because it was nonsensical talking about creating new programs. but this is a guy that also supporting simpson bowles and let us know like eric, we'll make a deal and figure it out. >> both sides at various times tells you something about recent history. you think about where republicans were a year and a half ago, where their attitude was, no, we will not discuss revenues, not one penny, ever, ever, ever so for cantor t
same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really mean what he...
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you were just talking to senator durbin. what would be really good is if this sort of bland smoke, frankly, senator durbin's a friend of mine. but this bland smoke we're hearing on entitlements from democrats and taxes from republicans, if -- behind closed doors they're able to talk more specifically. i think this is what represents, actually, some kind of progress and i'm starting to feel a bit more hopeful than i was a few weeks ago that maybe we're going to start to get somewhere. >> yeah. maybe. i don't know. >> do we still have senator durbin with us? >> yes, i'm still here. >> i don't think he's run away. >> senator durbin, can you talk about putting medicaid to the side, social security to the side, focusing on medicare. put a dollar figure out. how much savings do you think is a reasonable number that democrats could tolerate? we know that the school of thought on taxes is somewhere between 800 and 1.6. we know that spending cuts will probably be $1.2 trillion or north of that. what number could you live with in spec
you were just talking to senator durbin. what would be really good is if this sort of bland smoke, frankly, senator durbin's a friend of mine. but this bland smoke we're hearing on entitlements from democrats and taxes from republicans, if -- behind closed doors they're able to talk more specifically. i think this is what represents, actually, some kind of progress and i'm starting to feel a bit more hopeful than i was a few weeks ago that maybe we're going to start to get somewhere. >>...
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durbin: mr. president, i've listened closely to this debate because it literally affects my career, my life and the lives of all the members of the senate. it's worth a minute or two to understand what we're talking about in the history -- context of history. it was president woodrow wilson who said to the congress, we want to arm the merchant marine of the united states, put guns on merchant marine ships before world war i, before we were engaged in world war i, to protect those ships from being destroyed or sunk by the warring parties in world war i. he sent that request to congress and it was stopped in this senate? this chamber -- in this senate, in this chamber by one is that right. one senator in those days could stand up and say, "i object." end of story. but president wilson said, that's an outrage that one senator can say that, can stop even the consideration of a measure to protect american lives and our merchant marine? and he created this firestorm of public opinion. and so they creat
durbin: mr. president, i've listened closely to this debate because it literally affects my career, my life and the lives of all the members of the senate. it's worth a minute or two to understand what we're talking about in the history -- context of history. it was president woodrow wilson who said to the congress, we want to arm the merchant marine of the united states, put guns on merchant marine ships before world war i, before we were engaged in world war i, to protect those ships from...
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dick durbin said look at the disparity between what a navy seal earns and a hedge fund person earns. it's not fair, moral or right. is that the society we live in in which income, equality is required for us to believe we are living morally? >> that is the issue of fairness, isn't it? surely what we want is growth, growth is fair to everybody. growth reduces the deficit, growth reduces the unemployment rate, growth gets people back into houses of their own. without growth you're nothing. enough with this income inequality, the shift to the left, you've really got to liberate private enterprise if you want to have real fairness. megyn: here we thought chris after november 6th we won't be talking about campaign ads, billboard buys or bus advertisements and we were wrong. >> we were wrong too bad. megyn: all right guys, see you soon. we are also watching a tense situation developing today in egypt. what we're told is a volatile of mix of protestors gathered to denounce a recent power grab by their democratic leader. earlier we saw violent clashes as president mohammed morsi said the far
dick durbin said look at the disparity between what a navy seal earns and a hedge fund person earns. it's not fair, moral or right. is that the society we live in in which income, equality is required for us to believe we are living morally? >> that is the issue of fairness, isn't it? surely what we want is growth, growth is fair to everybody. growth reduces the deficit, growth reduces the unemployment rate, growth gets people back into houses of their own. without growth you're nothing....
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eastern, senate majority whip dick durbin talks about efforts to resolve the fiscal cliff. now it discussion on the role of private enterprise in public education. the obama administration's approach to regulating for- profit institutions. representatives of for-profit schools of the bill emeline the gates foundation. it is about an hour and a half. and melindahe bill gates foundation. it is about an hour and a half. >> we are just getting back. the energy level is probably going to get mellow. we will make that work for us. today's panel is on the question of for-profit and federal education policy. this is a topic that we at aei have been talking about for an extended stretch. in support of the templeton foundation, we have been running the private enterprise projects, trying to think about the opportunities and the challenge. how do make this work for kids in the communities? how do we think about some of those challenges the potential perils? this panel is a close up series of panels and conversations. we have commissioned a number of pieces that will be coming up as a
eastern, senate majority whip dick durbin talks about efforts to resolve the fiscal cliff. now it discussion on the role of private enterprise in public education. the obama administration's approach to regulating for- profit institutions. representatives of for-profit schools of the bill emeline the gates foundation. it is about an hour and a half. and melindahe bill gates foundation. it is about an hour and a half. >> we are just getting back. the energy level is probably going to get...
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and durbin yesterday, senator durbin, yesterday said we're not going to raise the retirement age for medicare. i don't know. so willie, can i ask you something? because we're talking about health care. >> anything. >> and the democrats, they're going, this is the greatest thing ever, and they're crying, this historic cause. >> it's pretty great. >> it happened at my house. you remember right after health care passed and all the republicans on the floor and said, freedom died tonight. >> i remember shortly after it passed, your son signed up for it. go ahead. sorry. willie, continue. >> can i make my point? >> yes, yes, you can. >> so they all went to the house floor and said, freedom died. >> was that before or after joey signed up for it? yes. >> i got nothing else to say. >> okay. >> go ahead. >> oh, was i interrupting? >> 18 times. >> oh, i'm so sorry. >> so senator john mccain softening his attacks on susan rice after vowing to block the potential nomination as secretary of state. republicans claim ambassador rice deliberately misled the country in the aftermath of the september
and durbin yesterday, senator durbin, yesterday said we're not going to raise the retirement age for medicare. i don't know. so willie, can i ask you something? because we're talking about health care. >> anything. >> and the democrats, they're going, this is the greatest thing ever, and they're crying, this historic cause. >> it's pretty great. >> it happened at my house. you remember right after health care passed and all the republicans on the floor and said, freedom...
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durbin: madam president? the presiding officer: the senator from illinois. mr. durbin: madam president, the minority leader, senator mcconnell, has addressed two issues, the entitlement programs as well as rules changes smed i would tweefe defer to my colleao discuss the rule changes. i would respond to senator mcconnell on entitlements. there is to question that as a senate and house of representatives we should address the longevity and solvency of social security and medicare. it should be part of our conversation about the deficit facing this country and the debt of our nation. but the way we approach it the changes we make are significant and should be looked at carefully. on the issue of social security, i might remind those following this debate, the answer from the republican side for years was "privatize social security; get government out of the business of retirement; let individuals take their investmen retirementt it." that happened when people saw their life savings evaporate as a result of downturns in the stock market. they started envisioning wh
durbin: madam president? the presiding officer: the senator from illinois. mr. durbin: madam president, the minority leader, senator mcconnell, has addressed two issues, the entitlement programs as well as rules changes smed i would tweefe defer to my colleao discuss the rule changes. i would respond to senator mcconnell on entitlements. there is to question that as a senate and house of representatives we should address the longevity and solvency of social security and medicare. it should be...
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. >> senator dick durbin will talk about efforts in the senate to resolve the fiscal cliff. it we will bring you his speech live starting at 11:30 a.m. eastern on c-span. in an interview today, eric kanter with the deficit reduction plan because they were elected to congress to fix problems. we will hear from republican leaders talking to reporters on the debt ceiling agreement to votvote. >> good afternoon, everyone. in january, our first week that we were sworn into office, the president asked for an increase in the debt ceiling and i made clear at that time that there would be no increase without significant cuts of spending and changes of the way that we spend the american people's money. shortly after that, i was in new york and outline that i thought the spending cuts should exceed the amount of the debt limit increase and there should be no taxes as part of this agreement. when you look at what we have been able to achieve, we met those standards that have been outlined. it is time for america to deal with its spending problem, and deal with the fact that we made prom
. >> senator dick durbin will talk about efforts in the senate to resolve the fiscal cliff. it we will bring you his speech live starting at 11:30 a.m. eastern on c-span. in an interview today, eric kanter with the deficit reduction plan because they were elected to congress to fix problems. we will hear from republican leaders talking to reporters on the debt ceiling agreement to votvote. >> good afternoon, everyone. in january, our first week that we were sworn into office, the...
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where do you draw the line with data durbin campaigning? are their privacy issues? >> absolutely. we had 18 inside of our campaign that tested our privacy policy. the president believes in this. the new york times reported that if you went to obama for america, you would get a cookie if you went to way porn website. >> that is not true. >> it was on the front page of "the new york times." >> ok. [laughter] >> what about my surfing would have been relevant to you? >> most of that stuff is not true. the best data was things we collected at the doors. there was some commercial stuff that every campaign purchased. the truth is the more we learn about data, the more we learn how imports and the connection was. the door knocking, having a real conversation, that mattered. >> what happens to the database now? >> we went out and survey the our entire world and said to them, what are you going to do? what happens to us? people want to be involved in supporting the president. how about looks is a discussion we need to have. he cannot run two campaigns and then say we're going to do it from
where do you draw the line with data durbin campaigning? are their privacy issues? >> absolutely. we had 18 inside of our campaign that tested our privacy policy. the president believes in this. the new york times reported that if you went to obama for america, you would get a cookie if you went to way porn website. >> that is not true. >> it was on the front page of "the new york times." >> ok. [laughter] >> what about my surfing would have been relevant...
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when durbin says we have to deal with the fiscal cliff but not entitlements, doesn't the president have to win over members of his party and say, call it what you want, we're doing this and they are on the teable. >> it's hard for me to specifically respond to -- specifically to questions about the comments that senator durbin made according to you. i can simply say it's the president's position that when we're talking about a broad, balanced approach to dealing with our fiscal challenges, that that includes dealing with entitlements. and the president's budget, as you know, includes $34 billion in savings from our entitlement health care program. so he has demonstrated yet again his commitment to the principle that we need to include as part of our balanced approach savings from entitlements. but in order to be balanced, because there's never been a debate about that, republicans on capitol hill have been focused on trying to extract savings from entitlement programs whilen cysting that millionaires and billionaires need not just the tax cuts they already have but extended tax cuts, th
when durbin says we have to deal with the fiscal cliff but not entitlements, doesn't the president have to win over members of his party and say, call it what you want, we're doing this and they are on the teable. >> it's hard for me to specifically respond to -- specifically to questions about the comments that senator durbin made according to you. i can simply say it's the president's position that when we're talking about a broad, balanced approach to dealing with our fiscal...
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where do you draw the line with data durbin campaigning? are their privacy issues? >> absolutely. we had 18 inside of our campaign that tested our privacy policy. the president believes in this. the new york times reported that if you went to obama for america, you would get a cookie if you went to way porn website. >> that is not true. >> it was on the front page of "the new york times." >> ok. [laughter] >> what about my surfing would have been relevant to you? >> most of that stuff is not true. the best data was things we collected at the doors. there was some commercial stuff that every campaign purchased. the truth is the more we learn about data, the more we learn how imports and the connection was. the door knocking, having a real conversation, that mattered. >> what happens to the database now? >> we went out and survey the our entire world and said to them, what are you going to do? what happens to us? people want to be involved in supporting the president. how about looks is a discussion we need to have. he cannot run two campaigns and then say we're going to do it from
where do you draw the line with data durbin campaigning? are their privacy issues? >> absolutely. we had 18 inside of our campaign that tested our privacy policy. the president believes in this. the new york times reported that if you went to obama for america, you would get a cookie if you went to way porn website. >> that is not true. >> it was on the front page of "the new york times." >> ok. [laughter] >> what about my surfing would have been relevant...
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Nov 29, 2012
11/12
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as you all know, friends of dick durbin and friends of the former first president bush, they were virtually whitewashed out of e-- out of the picture in that period of time include big the first president bush's son, which i owls thought was sort of sad because i've come to admire the service of president george h.w. bush. so that bit of reminiscence, i'll just turn it over but i do think, i agree that it's harder now, hard for me to see something serious coming together except for the fact that something has to happen, and i feel a little more optimistic than i did preelection but we can talk about why that is. >> before joe, i wanted to jump in. i forgot to mention the most important part of joe's resume, he's also an adjunct professor at george mason university. >> i was just about to correct you on that, paul. thank you, jackie. that was interesting. never sat at a dais before, especially not in the chairman's seat. this is pretty cool. let me try to give you -- i have 12 lessons that i've wren down but i should note at the outset i was not at an truse, though i was working on the hill
as you all know, friends of dick durbin and friends of the former first president bush, they were virtually whitewashed out of e-- out of the picture in that period of time include big the first president bush's son, which i owls thought was sort of sad because i've come to admire the service of president george h.w. bush. so that bit of reminiscence, i'll just turn it over but i do think, i agree that it's harder now, hard for me to see something serious coming together except for the fact...
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Nov 21, 2012
11/12
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he actually had to walk out of the negotiations because when he sat there with durbin he said i'm not really for tax increases i'm just putting tax increases on the table, and he's giving me all these spending cuts and i haven't agreed to anything. i just talk about tax increases. and i said a senator, do you think it is possible but he goes back to the democratic caucus and says i'm putting these imaginary spending cuts on the table and he didn't know these tax increases and tom coburn said he would never be that dishonest. i think he is and i think you are not. i think he takes you seriously and you should not take him seriously. but again, they spend more than a year putting the simpson-bowles which of you haven't seen it is a slide presentation outline, the only numbers are in the page numbers. it's a series of interesting things. the tax burden is to go up from 18.5% and full employment to 21. that is a 5 trillion-dollar tax increase over a decade. the opening bid, plus and a trillion dollars of the tax increases from eliminating and reducing deductions and exemptions and so on,
he actually had to walk out of the negotiations because when he sat there with durbin he said i'm not really for tax increases i'm just putting tax increases on the table, and he's giving me all these spending cuts and i haven't agreed to anything. i just talk about tax increases. and i said a senator, do you think it is possible but he goes back to the democratic caucus and says i'm putting these imaginary spending cuts on the table and he didn't know these tax increases and tom coburn said he...